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credit the child tax credit and the college tax credit would be extended for another five years the estate tax would be raised to forty percent for properties worth more than five million dollars the deal would extend unemployment benefits for another year and finally the capital gains tax would increase from fifteen percent to twenty percent. so what does this really mean i'm joined now by sam sax progressive writer and commentator and also a former capitol hill staffer so sam i know you've been sort of following this throughout the day as i have what do you think are the winners and losers well right now it appears that the winners the same people who've been winning for the last several decades and that's the extremely wealthy people in america i mean right now the whole debate and center around just how many wealthy people are going to get the bush tax cuts and we've seen that the president for about four years has said he's not going to cave on two hundred fifty thousand dollars threshold we saw him cave about two years ago on that and he appears to be ready to cave on that it
credit the child tax credit and the college tax credit would be extended for another five years the estate tax would be raised to forty percent for properties worth more than five million dollars the deal would extend unemployment benefits for another year and finally the capital gains tax would increase from fifteen percent to twenty percent. so what does this really mean i'm joined now by sam sax progressive writer and commentator and also a former capitol hill staffer so sam i know you've...
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social policy should not be donethrough the tax code. johnand i agree. [applause] people would still give. >> i think that point* of view has a great deal of met but i applaud respectfully say the charitable deduction is an important part of american life. we don't have giving because of the charible deduction but because we've value that. it is an important mechanism to link communities and. john: the charity does not the deduction. >> is a signal of a set of values. john: from facebook. do think it is better to give time or money? >> is great to do both. john: pic one. >> i don't. [applause] i think the best way to understand how way charitable organization works is to help achieve the mission is put to your time where your money is. john: people who give time self report that it brin self report that it brin re happiness. many of my patients still clean their dentures with toothpaste. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where
social policy should not be donethrough the tax code. johnand i agree. [applause] people would still give. >> i think that point* of view has a great deal of met but i applaud respectfully say the charitable deduction is an important part of american life. we don't have giving because of the charible deduction but because we've value that. it is an important mechanism to link communities and. john: the charity does not the deduction. >> is a signal of a set of values. john: from...
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Dec 31, 2012
12/12
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FBC
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the last time they finished the deal the tax deal we got a couple years ago that extended tax rates, cut the social security tax by a couple points. all of that ongoing right now and that is really the last hope we have to get something done before the fiscal cliff. >> does the minority leader and the senate, do they concur with the house of representatives. because it's eventually going to have to go through the house? >> absolutely. they would remaining in contact. just to make sure that the house would be agreeable to whatever the senate minority leader put out. democrats would have to be apprised of that as well but any agreement is probably going to need democrats in the house of representatives. the house is also working on a number of procedural maneuvers tonight to pave the way for quick votes over the next few days. they are not actively involved in the negotiations but if these two are to get a deal, vice president and senate minority leader the house could do a quick vote. >> two other things, first, if they don't do a deal, what can the average american, expect as far as
the last time they finished the deal the tax deal we got a couple years ago that extended tax rates, cut the social security tax by a couple points. all of that ongoing right now and that is really the last hope we have to get something done before the fiscal cliff. >> does the minority leader and the senate, do they concur with the house of representatives. because it's eventually going to have to go through the house? >> absolutely. they would remaining in contact. just to make...
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Dec 30, 2012
12/12
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and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that they become bankrupt and to destabilize the whole system. gerri: you talk little bit about competitiveness. let's detail that. low capital gains is important to our nation's competitiveness. but also, to the competitiveness of these companies that we are talking about. >> absolutely. let's say that you are a young indian or chinese entrepreneur with a science degree or engineering degree and you gradua from mit. you want to start a high-tech company. would you started in the united states, where you're getting from your company years down the road will be taxed at 30%, or would you started in china or india where the capital gains tax rate is zero? many of our major partners have zero
and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that they become bankrupt and to destabilize the whole system. gerri: you talk little bit about...
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Dec 31, 2012
12/12
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FBC
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a small down payment, a tax rate increase and some of the spending measures and some of the other tax measures and perhaps instructions for the next six to eight months to congress to work on entitlement and spending reform and broader tax reform package. but all those specific details when you talk about entitlements and spending on the bigger side. $3-4 trillion deal that would have to be filled in over the next year. >> all right. rich, we appreciate it. just a reminder, 5:00 a.m., cheryl casone will have the latest on overseas trading but also any potential deal or leak that has a deal may be in the works. find out right here on the fox big network. fox business network team starting here at 5:00 a.m. here in new york city. that wraps it right now. we're going to go back to our programming. we are talking cometely off-the-cuff, but we know will not be at 250. i think carrie reed has problems from new york like dianne feinstein of california, and 250 will be a big pill to allow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if y
a small down payment, a tax rate increase and some of the spending measures and some of the other tax measures and perhaps instructions for the next six to eight months to congress to work on entitlement and spending reform and broader tax reform package. but all those specific details when you talk about entitlements and spending on the bigger side. $3-4 trillion deal that would have to be filled in over the next year. >> all right. rich, we appreciate it. just a reminder, 5:00 a.m.,...
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Dec 30, 2012
12/12
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CNNW
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you look at say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean a lot of small businesses are going to pay that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20 or even 24 depending on where they put it. not an issue of penalizing investment income but penalizing labor and those who make their income through wages and they should both be taxed at the same rate. i do, again, fundam and at least raising the capital gains rate would help address this anomaly and susan collins and clara mccasical give legitimate -- you have billionaire equity managers paying 39%. i think this is a source of unfairness and inefficient and we should be taxing all income at the same rate. >> a fiscal cliff compromise likely won't happen without those special interests in having their say and their sway with these negotiations. i mean, how much do these lobbying groups really wind up turning the negotiations in a certain way to really make things sort of end up where we just started? >> again, capital gains an
you look at say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean a lot of small businesses are going to pay that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20 or even 24 depending on where they put it. not an issue of penalizing investment income but penalizing labor and those who make their income through wages and they should both be taxed at the same rate. i do, again, fundam and at least...
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Dec 25, 2012
12/12
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FBC
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they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not alone in an environment like this, how are you going to compel businesses, fast food joints and the rest, but it's in there interest to raise the rates when they e barely getting by as it is just as henry ford did back before world war i to $5. he said he wanted people to buy the cards. that's what you got to do. neil: so what about substance of the country where they have jobs with $10 an hour. were people really aren't jumping on these jobs. where we have a country where help wanted advertising is at an all-time high. a lot of people, for whatever reason, it are having trouble
they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not...
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gains tax goes to 20%. presley patches the minimum tax ensuring live we as americans dt have to pay the estate tax goes to 40% on all mounts of $5 million a one-year extension of long-term unemployment benefits as part of this. also what is known as the medicare doctors getting a pay cut every so often, congress goes back and fills it in, this involves that as well. >> is a vic the vice president g to do strong-arming or some dealmaking promises or is he just trying to rally the troops? >> a little bit of all three. the only part that appears to be outstanding at this point is the automatic spending cuts. $94 billion known as the sequester kicking in in 2013 through the entire year. democrats want to push that off. so wanted to find spending cuts elsewhere in the budget. that issue is still a bit of a problem. the tax part is something some democrats have a problem with it. >> is there any timetable for a scheduled vote? >> late into the evening if at all tonight. >> late into the evening if at all tonight.
gains tax goes to 20%. presley patches the minimum tax ensuring live we as americans dt have to pay the estate tax goes to 40% on all mounts of $5 million a one-year extension of long-term unemployment benefits as part of this. also what is known as the medicare doctors getting a pay cut every so often, congress goes back and fills it in, this involves that as well. >> is a vic the vice president g to do strong-arming or some dealmaking promises or is he just trying to rally the troops?...
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Dec 29, 2012
12/12
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FBC
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lou: let's start with the idea taxes that this president wants $1.6 trillion in new taxes. that is a heck ofn initial bargaining position, isn't it.> >> the president talks about tax rates.te he wants tax rate increases and he converted into dollars.x rev the real question is can you raise tax revenues.se the only way that we will raise enough revenues toet us out of trouble is private sectorsetor growth. tas you will not have private sectoc growth if you're saraying thate you're going too raise their health care costs or energy costs or labor costs. going t people aroe going to invest. job you are going to find that job creation is unique. american businesses want aess io president to succeed. i didn't vote for him, but hisey success is tied to my success. t conversely, his success is tied to the success of american bs business there ought to be some common ground here. i'm just not seeing it yet. youh lou: what do you think of the idea that it doesn't ceos from companies show that the wte house to talk big with the big guys, but small business thatf creates most these cut
lou: let's start with the idea taxes that this president wants $1.6 trillion in new taxes. that is a heck ofn initial bargaining position, isn't it.> >> the president talks about tax rates.te he wants tax rate increases and he converted into dollars.x rev the real question is can you raise tax revenues.se the only way that we will raise enough revenues toet us out of trouble is private sectorsetor growth. tas you will not have private sectoc growth if you're saraying thate you're going...
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Dec 28, 2012
12/12
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automatic tax hikes and smaller paychecks hang in the balance. >>> an american military here row the four-star general known as stormin' norman schwarzkopf has died. >>> 16 deaths blamed on the most recent winter storm with another one on the way. >>> a fiscal milk cliff could be humaning. thieves clean out a walmart, including guns, and bears over the bruins in the holiday bowl. "early today" starts right now. >> announcer: this is "early today" for friday, december 28th, 2012. >>> good morning, i'm mara schiavocampo. even as the finger pointing continues on capitol hill this morning there is new hope for a deal to avoid that pass cal cliff. president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last meeting at the white house is going to be integral. they need to see progress in this meeting if they're going
automatic tax hikes and smaller paychecks hang in the balance. >>> an american military here row the four-star general known as stormin' norman schwarzkopf has died. >>> 16 deaths blamed on the most recent winter storm with another one on the way. >>> a fiscal milk cliff could be humaning. thieves clean out a walmart, including guns, and bears over the bruins in the holiday bowl. "early today" starts right now. >> announcer: this is "early...
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Dec 31, 2012
12/12
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CSPAN2
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confession of his willingness to submit to read as with houseguests and strangers one of the communities taxed with establishing his bonafide unhappy family work and a fireman or religious organization in the community in short one may relax this inquisition and get on with the task. this is the most immediate effect of the benefit of community and for this the other benefits flow and accepting the community's standards and committing oneself to their trait some potential freedom of action we are not going to let the kids grow up and shoes or i am going to make a commitment i consider myself a citizen of the world as an example to accept responsibility. some treat freedom of action for increased security in a moment and the two community members share certain basic assumptions and so for their behavior is more predictable. they may violate community standards but the penalty is as the communication ostracism as and costly and so transgression of the norms is more restricted. but time with strangers must constantly be spent establishing the elements of intimacy. our most is viewed as a family a
confession of his willingness to submit to read as with houseguests and strangers one of the communities taxed with establishing his bonafide unhappy family work and a fireman or religious organization in the community in short one may relax this inquisition and get on with the task. this is the most immediate effect of the benefit of community and for this the other benefits flow and accepting the community's standards and committing oneself to their trait some potential freedom of action we...
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self-imposed out costs from society i will cut myself am i going to tax my brother understand. going to leave basically attack the cops of my anger and my frustration. that upgrade well into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they are made in america on the autopsy. you know how sometimes you see a story and it seems so poorly you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harman welcome to the big picture. hold it. hold it hold it hold. it hold it. there are live. at the end of that speech he gave. her. i wish i was sleep bombing sleep good at least. just see the mountain a little bit and i'm pleased at. the time outline of a little. i'm sure soon the trying to. move. from science to. don't come. and any given city whether you're sitting in new york or london where ma
self-imposed out costs from society i will cut myself am i going to tax my brother understand. going to leave basically attack the cops of my anger and my frustration. that upgrade well into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they are made in america on the autopsy. you know how sometimes you see a story and...
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Dec 28, 2012
12/12
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WUSA
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taken out because of the payroll tax, or they are going to lose deductions. most of the time they won't see a big deal until their first paycheck next year comes in. >> linda, president of tax masters in rockville, thanks for joining us and answering our viewers question. >> thank you, matt. >> highway officials throughout the region are warning holiday weekend travelers to stay off the roads if possible, he is special tomorrow morning. >> reporter: i'm scott broom in maryland where highway crews are not expecting a big symptoms, but they are expecting enough snow to make highways hazardous in just about every direction you can go. >> i do have travel plans, and that's to stay home. >> if you haven't been think about driving in winter weather now is the time. >> reporter: at the command center in hanover, maryland, laura is keeping tabs on the developing forecast. >> it's never a good time to drive at the onset of a storm. so fur planning on traveling this weekend keep a close eye on the winter storm on saturday, and if possible, delay travel until later in t
taken out because of the payroll tax, or they are going to lose deductions. most of the time they won't see a big deal until their first paycheck next year comes in. >> linda, president of tax masters in rockville, thanks for joining us and answering our viewers question. >> thank you, matt. >> highway officials throughout the region are warning holiday weekend travelers to stay off the roads if possible, he is special tomorrow morning. >> reporter: i'm scott broom in...
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taxing. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs become scarce of them you notice when you're driving cabs to the dad to this. too dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the road to where they can pick up to what they can charge the mid think fair. because prices don't ever go out but if it is a sit in and making it difficult to rack up those fares and serve customers are the cabs city limits. so we just arrived at reagan airport which is just right outside of washington d.c. and nasir a cab driver was nice enough to drop us off here only he can't get a return fare back now to leave and go all the way back to d.c. without anybody in his cab simply because of the regulations. that requires another
taxing. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs become scarce of them you notice when you're driving cabs to the dad to this. too dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the...
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Dec 31, 2012
12/12
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WJLA
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if not, an average american family will start the new year with a $3,400 tax hike. here's hoping there's a reason to raise your glass in a post tonight and a sigh of relief. john gonzalez, abc 7 news. >> you can get the latest on efforts to reach a fiscal cliff steel throughout the day. wjla.com. we will have full coverage at 5:00. happening right now, developing news out of new york. secretary of state hillary clinton is in the hospital this afternoon. she is big news for blood clots. t-fal in her home earlier this month and suffered a concussion. during a follow-up exam, doctors discovered the blood clot. if she was committed to new york presbyterian hospital testicles. doctors are treating her with a blood thinner. the treatment suggests that mrs. clinton will be ok. >> if you have a bleeding in your head, you would not put someone on anti-coagulant for treatment. they said they expect her to be in the hospital 48 hours. >> this is the second time mrs. clinton has suffered a blood clot. in 198898 she was hospitalized for blood clots behind her knee. the philadelp
if not, an average american family will start the new year with a $3,400 tax hike. here's hoping there's a reason to raise your glass in a post tonight and a sigh of relief. john gonzalez, abc 7 news. >> you can get the latest on efforts to reach a fiscal cliff steel throughout the day. wjla.com. we will have full coverage at 5:00. happening right now, developing news out of new york. secretary of state hillary clinton is in the hospital this afternoon. she is big news for blood clots....
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Dec 26, 2012
12/12
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CSPAN2
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columnist were taxed out and fed up and demanding a change. now, if this sounds like a recap of some of the rhetoric that has been flying across temporary airwaves, that is little surprise. tough times have always made for tough politics. but there is one significant difference to keep in mind. in fact, columnist had no hope. however illusory, that the next election or the other party might turn things around. in fact, there were no elections this absence. authority resided with the teen and parliament. columnist complained that their political leaders were out of touch and it was not a rhetorical florist. no taxation without representation would ultimately become the rallying cry for a war against the most formidable military power on earth. given our current sorry economic circumstances, and bellicose political rhetoric might have its appeal. we could also a member that the exhortations of our forefathers were made on behalf of the desired to forge a nation or group of colonies that even then comprised quite disparate interest. winters and f
columnist were taxed out and fed up and demanding a change. now, if this sounds like a recap of some of the rhetoric that has been flying across temporary airwaves, that is little surprise. tough times have always made for tough politics. but there is one significant difference to keep in mind. in fact, columnist had no hope. however illusory, that the next election or the other party might turn things around. in fact, there were no elections this absence. authority resided with the teen and...
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that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred eighty according to the new york post in stockholm reportedly their system is a little freer market where taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a dearth of cabs and some that couldn't even drive to my address because of the limits of their permits and rules governing them i hopped into a couple cabs to explore our own cities silly regulations and one market antidote we possibly found to them that. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost too for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you know. when you're driving cabs to the dad to
that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred eighty according to the new york post in stockholm reportedly their system is a little freer market where taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a...
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Dec 28, 2012
12/12
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MSNBCW
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automatic tax cuts and smaller paychecks hang in the balance. american military hero, four-star general known as stormin' norman schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers wil
automatic tax cuts and smaller paychecks hang in the balance. american military hero, four-star general known as stormin' norman schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting...
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Dec 27, 2012
12/12
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FBC
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and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that practicality. brief period of practicality he had after the shellacking he took in the 2011, 2010 lech ounce is. now he is back to the old mode. we're all paying a price for it. david: okay. final question, is there any way we grow with a president who will not sign on to anything but higher tax rates for the rich? >> at best we'll have a stalled or gone 10 miles-an-hour on a super highway. david: you're not investing any of your money. >> i'm long term. i'm not going to try to time this market because when it turns it will be sudd
and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that...
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Dec 28, 2012
12/12
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WETA
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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Dec 30, 2012
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WTTG
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and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate? you heard lindsay graham and do republicans pass whatever the senate agrees to? >> the odds are somewhat better than 50/50 we get a minimal deal in the senate. not one that solves our debt problem, as you pointed out earlier and this is a prequel to going through it again around the first of march over the debt ceiling and getting us through this crisis, slightly better than 50-50 and the real question is in the house of representatives and will it be enough of a compromise, that enough republicans can vote for it, to get through the house? i put that at 50-50. >> chris: byron, the most we can say, or
and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate?...
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Dec 27, 2012
12/12
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FBC
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happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a
happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g...
120
120
Dec 26, 2012
12/12
by
WBAL
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eye 120
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washington, and a state of gridlock, calls it -- as they struggle to come to a compromise to avoid tax hikes and spending cuts. members of both the house and senate are also heading back to capitol hill tomorrow. after the holiday break the president hopes will provide perspective. >> everybody can cool off, everybody can drink some eggnog and have some christmas cookies. >> and return to washington after speaker john boehner failed to get enough support for muslim party for a plan b that the bill that would raise taxes for those making more than a million dollars a year. >> what the president has offered so far simply would not do anything to solve our spending problem and begin to address the nation's crippling debt. >> so are still a stalemate. with the january 1 deadline quickly approaching, some were very we might fall off. >> if we allow that to happen it would be the most colossal consequential act of congressional irresponsibility in a long time. >> the president is expected to arrive here in d.c. early tomorrow morning. the house and senate convened later that day. in washingt
washington, and a state of gridlock, calls it -- as they struggle to come to a compromise to avoid tax hikes and spending cuts. members of both the house and senate are also heading back to capitol hill tomorrow. after the holiday break the president hopes will provide perspective. >> everybody can cool off, everybody can drink some eggnog and have some christmas cookies. >> and return to washington after speaker john boehner failed to get enough support for muslim party for a plan...
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191
Dec 30, 2012
12/12
by
WUSA
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eye 191
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both sides remain at odds over the democrats' insistence that the rich pay more taxes. obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president says he is ready to propose his own scaled down bill that would block tax increases on all but the wealthy and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us that invest in the stock market it's disgusting to watch them jockey around with our money, because it gets affected every day. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 trillion in mandatory spending cuts scheduled to go into effect on tuesday. the u.s. will also hit its borrowing limit on monday make it difficult for the government to pay its bills. >>> meanwhile, an elderly woman is cammed fast moving fire that left two others hurt. tonight fire investigators say the woman may have g
both sides remain at odds over the democrats' insistence that the rich pay more taxes. obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president says he is ready to propose his own scaled down bill that would block tax increases on all but the wealthy and preserve expiring unemployment benefits. with the...
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208
Dec 31, 2012
12/12
by
WTTG
tv
eye 208
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officials in prince george's county says the team contributes tax revenues from the game and income tax revenues from employees at the field. local businesses are raking in the cash. lauren demarco has the story. >> reporter: each time the redskins play at home, prince george's county brings in approximately half a million dollars in direct revenue. the executive director of the county's conference and visitor's bureau says what really matters is fan attendance. >> there is a 10% admission tax on tickets told. >> reporter: then the out of towners. >> 5% county hotel tax. so that will contribute as well. >> reporter: along with the direct revenue coming into the local government, many of the businesses here in prince george's county also reap the benefits during game time. >> loaded up, got our subs and everything like that. plenty of beer. >> reporter: rg3's jersey is selling the most. >> which jersey do you want? >> rg3. >> reporter: it's hard to keep up with demand. >> rg3 jerseys. we have some women seizes left and kids. >> reporter: winter hats sold out. >> you have this coveted hat
officials in prince george's county says the team contributes tax revenues from the game and income tax revenues from employees at the field. local businesses are raking in the cash. lauren demarco has the story. >> reporter: each time the redskins play at home, prince george's county brings in approximately half a million dollars in direct revenue. the executive director of the county's conference and visitor's bureau says what really matters is fan attendance. >> there is a 10%...
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163
Dec 28, 2012
12/12
by
KPIX
tv
eye 163
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if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democratically controlled senate and white house to reach an agreement. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: members of the house were told to come back to washington sunday evening. they would have
if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john...
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14
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democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties fail to find a way forward obama says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a singapore hospital her body is expected to be flown back to india later on saturday the twenty three year old student was beaten and suffered massive internal injuries before being thrown out into the road attack course deep outrage in new delhi with widespread demonstrations taking place to call for greater protection for women. italy's outgoing prime minister says he will lead a coalition of centrist parties after february's parliamentary elections omarion monti is not ruling out a return as head of state should the alliance be successful he resigned earlier this month after his government lost its majority amid the country's deepening recession. now are coming up fast to t
democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties fail to find a way forward obama says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a singapore hospital her body is expected to be flown back to india later on...
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64
Dec 31, 2012
12/12
by
CNBC
tv
eye 64
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tax absolutely. we can give reasonable benefits, controlled, smart spending with, do all those things and keep tax cuts at a reasonable rate. >> with the average single income household. let's say the man works, wife doesn't, or vice versa. it is $6 used versus every $1 paid in. 6-1. can clearly unsustainable. >> we need far more fundamental reform. what the governor expects to avoid massive tax increases. >> who's got the guts to do that? feels as if kufrnt congrecurren do not, jimmy. >> the president trashed it in the campaign. i think that's the medicare reform we need. does that mean revenue is at 18% of gdp for infinite? i don't know about that. >> i would like to ask you, governor, what did you think of what obama was saying? do you feel he moved the ball forward or backwards? >> i think the deal will go down regardless because the embarrassment would be so great for not going it. >> who in particular do you think is causing that embarrassment? >> i think washington, d.c. everyone. rs everyone.
tax absolutely. we can give reasonable benefits, controlled, smart spending with, do all those things and keep tax cuts at a reasonable rate. >> with the average single income household. let's say the man works, wife doesn't, or vice versa. it is $6 used versus every $1 paid in. 6-1. can clearly unsustainable. >> we need far more fundamental reform. what the governor expects to avoid massive tax increases. >> who's got the guts to do that? feels as if kufrnt congrecurren do...
107
107
Jan 1, 2013
01/13
by
WTTG
tv
eye 107
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tax. we'll try to get into those details later in the morning. as we've been saying, this really isn't over yet. even for the house votes to approve this deal today, it is really just sort of pushing off to another day, perhaps two months down the road, that bigger fight. again, they do have to decide what to do with the planned $24 billion in spending cuts and that will come right about the time that congress has to deal with yet another bruising debt ceiling battle. >> all right. thank you. >>> why do you think lawmaker waited until last minute? there is a lot of questions surrounding that. we are getting a lot of feedback on our facebook page. >> william have bad hotwood says it was to, quote, act like they are doing something for their already overrated salaries. they do this almost every year. we need to force them to change the way they work us for. share your commends our facebook page. >>> still ahead this new year's morning. >> so, a deal has been reached mentioned in the senate.
tax. we'll try to get into those details later in the morning. as we've been saying, this really isn't over yet. even for the house votes to approve this deal today, it is really just sort of pushing off to another day, perhaps two months down the road, that bigger fight. again, they do have to decide what to do with the planned $24 billion in spending cuts and that will come right about the time that congress has to deal with yet another bruising debt ceiling battle. >> all right. thank...
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124
Dec 25, 2012
12/12
by
CSPAN2
tv
eye 124
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she talks to guests and signs books at americans for tax reform here in washington. this is about 20 minutes. >> he ordered his on amazon. spent how are you? are we going to sign that later? okay. hello. hello. thanks for coming. >> thanks for writing the book. >> nice to meet you. hello. hello. spent nice to meet you. >> gary johnson? no, no, no, no. you've got to be a romney girl now. >> how are you? good to see you. >> my own newspaper held me over and i was explaining, it's rude to lose your watch in the middle of an interview. it's like a half hour later. spent do you know brian? >> i haven't seen in such a long time. why wouldn't you have me on? we are? that's great, that's great because i will be in new york for that. hello. i will see you later. that was good. do you know who it is dedicated to? >> no. >> it's a crackerjack surprise inside. has your husband read it yet? spent he's busy. leave him alone. >> he changed his e-mail address on the, by the way. spent i don't know what your e-mail is. >> both of you change your e-mail address on it. i hadn't planned
she talks to guests and signs books at americans for tax reform here in washington. this is about 20 minutes. >> he ordered his on amazon. spent how are you? are we going to sign that later? okay. hello. hello. thanks for coming. >> thanks for writing the book. >> nice to meet you. hello. hello. spent nice to meet you. >> gary johnson? no, no, no, no. you've got to be a romney girl now. >> how are you? good to see you. >> my own newspaper held me over and i...
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25
tv
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as if trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up later. another crew member has died after the crash landing of a passenger jet one of moscow's busiest airports bringing the number of dead to five three of those are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on saturday scattering debra over the road experts believe bad weather brake system failure or simple pilot error could have led to the tragedy. now looks at how the events unfolded. the twenty ninth of december the last working day of two thousand and twelve in russia. business is closed all business forgotten until the next year families friends employees jump into their cars and escape the busy capital he's got highway heads to the west a region where most of the luxury states and country houses are located traffic jams are common with a song with a day and this time of the year
as if trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up later. another crew member has died after the crash landing of a passenger jet one of moscow's busiest airports bringing the number of dead to five three of those are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on...
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113
Dec 28, 2012
12/12
by
FBC
tv
eye 113
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any time the rpublican candidate is viewed as the tax sector. in many had to defend his position in the debate he was a way out of his way to say, if you are wealthy and all you're not getting any tax cuts, and it was a defensive argument on a fundamental issue rather than pointing president obama had twice argue in public that raising taxes in an economic downturn would doom the economy. the president of the united states said that and iran on a proposal. lou: two things that seem peculiar. i would love for both of you to respond. i heard a lot of bonn, abou the tea party. the tea party did not exist in this election. it was a non fctor. why in the world would there be so much concerin the republican party about the tea party. why was there an idea that you're better off today than you were four years ago and pick 2008 as the year, he baseline, and it was a lousy year. in point of fact, just about everybody is. what o you make? very quickly. >> your immediate questn, yes, we were better off than the depths of being in a whole. president clinton
any time the rpublican candidate is viewed as the tax sector. in many had to defend his position in the debate he was a way out of his way to say, if you are wealthy and all you're not getting any tax cuts, and it was a defensive argument on a fundamental issue rather than pointing president obama had twice argue in public that raising taxes in an economic downturn would doom the economy. the president of the united states said that and iran on a proposal. lou: two things that seem peculiar. i...